The Business Research Company’s
global motor vehicles market
analysis covers the year-on-year growth of the global motor
vehicles market
historic and forecast growth. It also includes chapters on the motor
vehicles market
trends, geographical analysis, and competitive landscape.
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The global motor
vehicles market is forecast to grow at a
CAGR (compound annual growth rate) of around 5.5% by 2020.
According
to TBRC’s global motor vehicles market
research, the market is split by segments into Commercial Vehicle, Passenger Car, Motorcycle
and Bicycle.Commercial Vehicle was the largest segment in the motor vehicles market accounting for about 50% of the market. This was due to the presence of a large number of commercial vehicles, which are extensively used for passenger and cargo transportation. Commercial vehicles also generally cost more than cars and motorcycles. This segment includes companies manufacturing light trucks, heavy duty trucks, buses, trailers, minivans and other utility vehicles.
Passenger Car was the second largest segment in the motor vehicles market. This segment includes companies that manufacture passenger cars (with body and chassis) or car chassis only.
Motorcycle and Bicycle was the third largest segment in the motor vehicles market. This was due to the presence of a large number of motorcycles and bicycles, particularly in developing countries, where they are used as a common mode of transport.
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Commercial
Vehicle is expected to have the highest CAGR (compound annual growth rate) of around
7.5% during 2017-2021. The high growth in the historic and forecast period can
be attributed to increasing demand for commercial vehicles from truck
transportation and logistics companies in many developed and developing
economies.
The global motor
vehicles market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
The global Commercial Vehicle, Passenger
Car, Motorcycle and Bicycle market’s segment shares
in each geographic region are mentioned in the report, along with the historic
and forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in
the report are Toyota, Volkswagen Group,
General Motors, Daimler AG, and Ford Motor generated.
The
Business Research Company is a Business Intelligence Company which excels in
company, market and consumer research. It has offices in the UK, the US and
India and a network of trained researchers in 15 countries globally.
Contact Information
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Business Research Company
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+44 207 1930 708
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+91 8897263534
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+1 315 623 0293
Email:
info@tbrc.info
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